Replies to post #30847 on Spongetech Delivery Systems, Inc. (fka SPNGQ)

[Wrinkles]

You and I are very close in our thoughts for the most part it appears. So tell me this? If the company has newly autorized shares to be dumping into the float, who is to say these shares aren't being gobbled up by say Nite at .024 and being set aside for the news they think is coming so they save a bundle? We keep saying the float has been gone for a while now, but where do we stand with that float at this point since the company raised the Authorized Share count? Are they now releasing shares and diluting? If so, WHY? Not for paying bills, has to be for some sort of agreement with MM's? How much was the A/S raised and how much do you think this is shorted? Don't the totals come failry close to one another? Coincidence? Something is going over my head here and making my head spin trying to make sense of this. I have one million shares in this hunt. That's $23 grand, so it is a lot to me and is why I'm trying to make sense to all this and hoping this isn't a screwing coming. I really do think we are going to be rewarded very soon, but I always have eyes looking in rear view mirror at all times!

[Wrinkles]

If the theory of a buyout is correct, an amount per share will be stipulated with a date of record at a much higher PPS than .023, right? Whoever is behind BMAS would have to be upset if company was making an agreement with MM's to cover, right? Because that would be potentially taking money out of BMAS's pockets from forcing MM/Nite to cover? BMAS surely wouldn't want that, correct? Assuming whoever BMAS is, if BMAS could be the buyer as you are guessing? Also if paperwork were signed with any buyer, I'm sure there would have to be all kinds of stipulations saying company can't change the share structure once contracts are signed, unless two sides made an agreement to do so for some odd reason? I have some thoughts that are more difinitive than others and some thoughts are just taking me off the tracks. Again, all this idle time kills the stock and shareholders as they wait for company to take the stand they promised 3 months ago that was supposedly coming in that 90 day plan. Time is about up, so hope "right after Christmas" we get info. I mean INFO to make this go up 5X, 10X or more.

[Wrinkles]

RD4 you speak of MM's selling air shares, well that is true or I agree. But each and everyday they are making money from trading airshares of SPNG daily, weekly and monthly. They are WAY WAY WAY up at this point, obviously because the stock is so far under fair value.